you had a correspondence with sumner redstone, a man few people have seen in years.view he gave was to the "hollywood reporter." it's the first time he's answered questions in a year and a half. erik: i'm not trying to spread rumor, but people have wondered given his absence from the public eye whether he was still around. bill: he is still alive. i did not see him myself that he did answer e-mail questions or they were answered, let's say. it took three weeks for them to answer them. but they were somewhat monosyllabic answers which you could have done faster than three weeks, but i'm sure there were a lot of help that he had in answering it. stephanie: what did you learn? bill: the just of the story is the incredible relationship that these two young women, each 50 years younger than he is have with this guy. one is a live-in girlfriend named sydney holland. the other is a former girlfriend who has come back to the scene. it's the first time that either of them have given on the record interviews about their relationship with sumner redstone and is riveting. stepha

. ♪ erik: c is holdingvs the annual meeting today and one very important person sumner redstone is not fate over control over cbs and by, hang into balance. analyst at rbc capital markets who joins cbs and viacom and bloomberg contribute editor bill: wrote a piece for "vanity fair" earlier this month detailing some of those trusts. it is a fascinating story played out over sumner redstone, his future and more importantly, the future of cbs and viacom. david, what is it that concerns investors? david: the biggest question at the meeting today will be how it went with -- how they will with colbert and set up schatzker. olivia: what were they thinking? david: there has been controversy around should sumner pass, as we all will at some point, will it trigger some sort of a change in the destiny of it by, or cbs? will they ultimately go into play? i think the question for shareholders is, does the event create a taxable event such that the trust will be forced to put the company in display? i think what seems to be coming out more and more now is the way the trust is set up, it is a generat

sumner redstone is issuing this statement on the heels of some press reports that his daughter sherryone would be the person who is the heir apparent to his role at cbs in particular. but he is basically saying here that no decisions have yet been made and of course cbs earnings are after the bell today. so we'll see if there is any more conversation about this or if statements from sumner redstone shuts down any questions from analysts about what to expect next. >> very good julia. we'll see you later when those cbs earnings come out. expected next hour. >>> time for a cnbc news update with sue herera. >> hi bill. here's what's happening this hour. a former guantanamo bay inmate who was convicted of killing an american soldier will be released on bail. this after a canadian judge refused a last-ditch effort by the canadian government to keep him in jail. the prisoner who was born in toronto was in guantanamo bay prison for a decade and has been held in canada since 2012. >>> oklahoma governor mary fallon declaring a state of emergency for 12 counties after strong storms tore through

the 91-year-old sumner redstone says members of his board will decide who succeeds him as chairman. revenue dropped a quarter of a percent while profits fell 16%. now to our lead. as one startup files for an ipo, and another is ready to get off the market. shares of yelp soared after the news broke that the site is looking for a buyer. yelp hired goldman sachs to find possible suitors. meanwhile, the maker of wearable trackers, get fit, plans to list on the new york stock exchange and would be the first wearable device maker to go public. joining me now to talk about fitbit is cory johnson. cory: i cannot believe how big of a business it has become. we were just showing video that showed someone with a fitbit. this has grown into a big, profitable business. just look at the revenues from this business. as you mentioned, 740 $5 million in 2014 -- $745 million in 2014 and growing at about 172% year-over-year. the number of devices they sold 10.9 million in 2014 alone. a huge jump from the 4.5 million they sold in the previous year. the number of devices is huge. revenue is huge. profi

. >> sumner redstone may have given you one, as well. we'll see you back in a minute. carl quintanilla is on assignment today. let's look at futures and look at the open on the street. dow after that jobs report looks like it will open by 190 points or thereabouts. the s&p 500, nasdaq with a strong open. at least that's how it looks now. we'll talk about approaching those record highs yet again after what we are seeing in the markets this morning. look at crude oil. that is a big story as we've been following. it got back over $60, $62 or so this week. falling back. it's a gain today. just hanging out under $60 a barrel. that's the june contract for wti. all the focus over the last week at least has been on the movement in the 10-year note yield. there it is at 2.14%. our road map starts with that jobs number. pushing stocks higher. unemployment rate hitting a seven-year low. mcdonald's sales declined globally in april. kale, the hamburglar james franco, it continues. rejection in the uk not just for the liberal democrats. rejecting a $45 billion takeover offer from mo